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Incentive Saver Account

  • 2024 Award Winner
  • Special
  • Bonus interest with conditions
  • Intro offer rate
  • App banking
  • Online banking
Special

Add an extra 0.10% p.a. to your variable bonus rate for the first 3 months when you open online

Offer available from 17/03/2023 for a limited time only. New Incentive Saver customers only. Offer may be varied or withdrawn at any time.

Maximum rate p.a.

5.25%

Base rate p.a.

1.85%

Incentive Saver Account

  • 2024 Award Winner
  • Special
  • Bonus interest with conditions
  • Intro offer rate
  • App banking
  • Online banking

Maximum rate p.a.

5.25%

Base rate p.a.

1.85%

Pros and Cons

For Incentive Saver Account

Benefits

  • Maximum interest rate ranked in the best 20% (conditions may apply)
  • Ongoing bonus interest (conditions apply)
  • Special intro rate
  • No ongoing account fees
  • No minimum balance
  • Winner of Best Savings Account Regular Savers, RateCity Gold Awards 2024

Drawbacks

  • Intro rate limited to 3 months

BankSA Rate Savings Account overview

For Incentive Saver Account

Account Details

Maximum rate p.a.

5.25%

intro 3 months then 5.15%*

Minimum age restrictions

Base rate p.a.

1.85%

Maximum age restrictions

Maximum rate condition

*Grow your balance by at least $50 each month (...

Minimum opening deposit

$0

Interest calculation method

Whole Balance

Target Market Determination

Visit BankSA to view Target Market Determination.

Features

Joint application available

Is online only

Linked account required

Methods of Access

Internet facility

ATM access

Phone facility

Eftpos facility

Branch access

App

App only

Fees

Account keeping fees

$0

Eftpos fee

$0

ATM withdrawal fee

Overseas eftpos fee

$0

Internet transaction fee

$0

Over the counter deposit fee

$0

Phone transaction fee

$0

Over the counter withdrawal fee

$0